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�� � � r' r,�a y��rs a�� �r-a� wr�w� m�a� n� ?� � � Ea �er�orrn� <br />��� '����7'�: ��, � �D: . �11i$ �ku�-rl�l �r�u� �n���r t�� ��r{�k ��n�,a� �Ew �# th� <br />Association and what if any City contribution would be required. <br />The Association also recommendsthat if the unfunded liability should fall below 70°/v, an <br />increase would not be granted. The Association could try to calculate an increase amount hat <br />would not bring the unfunded liability below the 70% figure, and presentthat amount instead <br />of the full COLA amount, for consideration." <br />Discussion included index figures and their origination; State Auditor's Annual Report <br />availabilityatwww.auditor.stat�.mn.�as; projectedfunding and adjustmentprocess; <br />Mayor Klausing thanked the Firefighter's Relief Association for their presentation and advised <br />thatthe City Council would take their request under advisement in upcoming budget <br />discussions <br />Finance Director Chris Miller sought City Council direction to confer with the City Attorney to <br />ensure that the proposal complies with the Association's by laws and State Statute and to <br />return in the fail for formal Council consideration and approval. Staff was so directed. <br />